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Velesto terminates NAGA 3 Jack-Up Rig Sale to Indonesian firm

Tuesday, July 14 2026

Termination

Velesto Energy has terminated the sale of its jack-up drilling rig NAGA 3 to Indonesia’s PT Indonesia Drilling Energy after the transaction failed to complete within the agreed timeframe.

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Filed Under: Indonesia, International News, rig sale, Termination Tagged With: Indonesia, Indonesia Drilling Energy, rig sale, termination, Velesto

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